Calhoun, AL County is known for its booming local economy that consists of numerous businesses such as Timberlands Alabama LLC, Car Max Auto Superstores, and Anniston Army Depot. This county is a great place to live because it offers affordable housing and a low cost of living. The rent for a two bedroom apartment in Calhoun County is only $800 compared to the US average of $1,430. The Grocery Cost Index in the area is also 94, while the US average is 100. It's no wonder why many people choose to call Calhoun County home due to its low cost of living and abundance of local businesses.
Calhoun County has an unemployment rate of 3.9%. The US average is 6.0%.
Calhoun County has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Calhoun County
- The Sales Tax Rate for Calhoun County is 9.6%. The US average is 7.3%.
- The Income Tax Rate for Calhoun County is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Calhoun County
- The average income of a Calhoun County resident is $21,306 a year. The US average is $28,555 a year.
- The Median household income of a Calhoun County resident is $50,977 a year. The US average is $69,021 a year.